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CSPAN
Feb 16, 2013 8:45pm EST
to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. [applause] >> thank you john for your very kind introduction and the invitation to speak at the heritage foundation today. it's a great privilege to be here. i have always been a great admirer of heritage and the council and in many cases the friendship of many people here at heritage for a very long time i have also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which i think is the intention of the heritage foundation to the power of culture, by which i mean people believe ideas, habits and expectations in the way that these achieve some form of institutional expression. this issue of culture and how it relates to the economy is at the heart of my book, "becoming europe" because at one level becoming europe is certainly about what has happened in europe and why it is now regarded as the sick man of the global economy. my book is also a
CSPAN
Feb 23, 2013 2:15pm EST
. up next, samuel graveyard use of our elected leaders of find the courage to reform the economy and government spending soon the u.s. could find itself in the same terrible economic situation as many european countries to. this is just over an hour. [applause] >> thank you for your introduction. it's a great privilege to be here. inviting the it council, in many cases the of many people here and heritage for very long time. and also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which, i think, is the attention of the heritage foundation to the power of culture, by which i mean people of beliefs, ideas, habits, expectations, and the way that these achieve some form of institutional expression. >> on this issue of culture and how it relates to the economy, the heart of my book, becoming europe. because the -- becoming europe is certainly about what has happened to your and why it is now regarded as the sick man of the global economy. but my book is also about how some of these cultural and economic trends
CSPAN
Feb 18, 2013 10:30am EST
diplomat william rhodes talks about the current economic and financial charges facing the economies of europe, japan, china and south korea. next on booktv. this is a little over an hour. [applause] >> okay. first of all, it's great to be back at the japan society, and we enjoy our relationship that way. tokyo, for the mcgraw-hill companies, has been the headquarters of our asia pacific operations for 25 years now, and we enjoy a terrific relationship and a lot concern in a lot of different ways. one of many by colleagues is with me, doug peterson, who just joined us from citi, and he is heading up standard & poor's ratings, and we welcome you, doug. and doug has lived with citi all over the world and as such as lived quite a bit of time in japan itself. so it's great to be with you tonight as well, doug. let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to m
CSPAN
Feb 18, 2013 10:30pm EST
the economies of europe, japan, china, and south korea. next, on booktv. this is a little over an hour.ro ba okay. it is great tock be back at the society. >> for 25 years now, we enjoy a terrific relationship with the a japan society in so manyys wayse ved quudible] bed we have lived quite a bit o time in this is great to be with you let's see, in terms of this whole notion of the book, you know, by the way, it's a very modest title, banker to the world. [laughter] you know, when i heard of this -- and i'm a very close personal friend of bill's, like everybody in this room is, and so when testifies talking to me about this -- when he was talking to me about this concept of what he wanted to write about, lessons of debt cry cease and all of this, i just knew that it was right in our sweet spot in what we needed to be able to do. so we were able to convince him, and so now i'm not talking to you as his friend, i'm talking to you as his publisher. [laughter] and we had this decision, you know, we were going to do this book, and we kid. and we did. now, the ink wasn't even dry on this book when
CSPAN
Feb 17, 2013 6:00pm EST
leader but brazil is one of the most important emerging economies for the whole global economy it's one of as we call them the bricks the emerging economies that has the chance to structure how the economy is going to look going forward. when you think about the countries but obviously the united states when you think about the countries along the pacific rim of latin america they make connect more to the economy of asia. i was always struck when i would go to something called the summit of the americas which is about latin america and the caribbean and we would have these discussions and travis would take off and everybody would sort of what ever. but then almost a week or two weeks later we would go to the asia pacific economic council. there it is the pacific rim countries of chellie and the pacific rim all the way to canada and all the way out through japan and china and korea and the conversation was completely different. was about global trade and freeing trade. and i actually always thought that in that sense the country had more in common with their asian counterparts than their
CSPAN
Feb 22, 2013 5:00pm EST
. agriculture is an important part of our economy and agriculture remains relatively strong in nebraska. for second and cattle, third-quarter production, sixth in soybean production in the second begin ethanol producer. however, farmers and ranchers have also faced the challenge of the drought this past year and they've managed their operations with the efficiency and flexibility. water resources who can give you to be a challenge for agriculture, businesses and communities due to the continuing drought. exports are important to nebraska on my summer that a trade mission to china. we can do need to expand and strengthen a relationship to china, just like canada, mexico, japan and many other countries. during the past few years, nebraska asked for to china have grown rapidly in china is no nebraska's fourth-largest trading partner. the nebraska china relationship is just beginning and i'm confident this will be a growing and improving relationship for many years to come. as we continue to make state government more efficient and accessible to citizens, how to recognize professionals thro
CSPAN
Feb 16, 2013 6:00am EST
concluded while the precise cost of the crisis is difficult to calculate the total damage to the economy may be as high as $13 trillion. i say again $13 trillion. with a "t" dollars. as they urge you to consider the benefits of continuing to implement wall street reform. i would like to make one final comme comment. since he was appointed as head of the cfpb last year director cadre and the cfpb have worked tirelessly to finalize many rules and policies to protect consumers in areas such as mortgages, student lending, service member rights, and credit cards. he has done good work and i urge my colleagues to confirm him to a full term without delay and allow the cfpb to continue its important work protecting consumers. i now turn to our ranking member. >> thank you very much, mr. chairman. you and i have a very good personal friendship and have had a good working relationship over the years and i look forward to building on that and working with you as the ranking member of the committee this year in this congress. one of my objectives and hopes would be to work together on the kind of common
CSPAN
Feb 22, 2013 6:00am EST
misconception that he planned to run immediately afterwards. i think it's -- his assumption was that the economy continued to improve our would improve and i think running and losing in '08 was very liberating for him. and he found that he could be very happy. we kept talking around it, you know, we had a very busy, he wanted to talk about it. we had a very busy 2010 client schedule, in a very mitt romney way he said finally, well, on election day 2010, you can do anything for your clients, why don't we meet on election day 2010? i said, okay, i can do that. so my partner and i met him in boston at his condo on election day 2010. and that was a thing when i got a sense that he was really intending to run. it was serious before but i got the sense he definitely was going to run. >> david, covering the white house, i got the sense that you guys thought you were running against mitt romney. you always sort of viewed mitt romney as the face of the republican party. is that an unfair -- >> no. in fact, the president and i after the 2008 election, we were musing about the future, and he asked me who i
CSPAN
Feb 21, 2013 12:00pm EST
, then when you achieve those economies of scale, then they are strictly price competitive in the marketplace. if you can allow, ma continue to march down that technology pathway, then we think that eventually you can see a scenario where you don't need them. we hope. you know, and i think we have seen that in our technologies. each of our technology pathways have an endpoint that is below the current prices of the income the technology they are competing with. i think you'd see sort of a natural exit point right there. >> thanks. i will take one last question. >> thanks. thanks very much for the conference. i have a question for kevin. unless i missed it, one of the priorities you did not mention was a clean energy standard, and that was a priority of previous committee chairman, and wondered why that wasn't one of the priorities of senator wyden. and if the answer is, it is no chance of passing the house, or it has no chance of passing the house -- i would be interested in hearing your thoughts on that and your thoughts on why energy standard is not a viable strategy no. >> sure. i think ac
CSPAN
Feb 19, 2013 8:00am EST
continues to face very large economic and budget challenges. let me discuss the economy first, and then i'll turn to the budget. we anticipate that economic growth will remain slow this year because the gradual improvement that we've seen underlying economic factors will be offset by a tightening of federal fiscal policy scheduleed under current law. the good news is the effects of the housing and financial crisis appear to be finally, gradually, fading. we expect that an upswing in housing construction, rising real estate and stock prices and increasing availability of credit will help to spur a virtuous to cycle of faster growth in employment, income, consumer spending and business investment during the next few years. however, several policies that will help to bring down the budget deficit will represent a drag on economic activity this year. the expiration of the two percentage point cut in the social security payroll tax, the increase in tax rates on income above certain thresholds and the cuts in federal spending kennelinged to take effect -- scheduled to take effect next month wil
CSPAN
Feb 21, 2013 9:00pm EST
. as millions of people try to learn how to do something new productive in the global economy, which is one reason it's so difficult to deal with unemployment. if you drive a construction wages commute traffic manufacturing wages, which we did with this instruction become a matter of millions of manufacturing jobs overseas to places like india and china. initially the people did know how to do that work for a while. for having a really difficult time getting those jobs that. how did we make a mistake of that magnitude? that is a really big error. they never make a mistake of that magnitude. he takes government policy to create that mistaken in this case it through the culprits are the federal reserves, fdic in government housing policy. in a fundamental context, the real cause our errors made by the federal reserve cut a something many people know but don't get what it means. in 1813 the federal reserve is created, the monetary system is nationalized. there is no private monetary system. if you're having problems in the monetary system, with this financial crisis is about, by definition the
CSPAN
Feb 21, 2013 10:00pm EST
't just that he focused on the laser beam of the economy. the economy was nowhere near as bad as the one barack obama inherited. he was doing so many things at once. he accomplished an incredible amount of stuff. but one result of that was it was very hard for the american electorate to see all of these things popping up. like with good health care reform have to do with getting people back to work. the answer is not anything really. it was a good thing to do in its own right. and so you have people watching this burst of activity and not really perceiving the job that the obama administration presented as a much worse things that we could've had. if i have talked to already, i thank you. let me stop there and see what other questions we have. matt. [inaudible conversations] >> thank you. >> we will take some questions. >> this is a bit of a town meeting. if you are comfortable saying your name, please do. please line up at the microphone and please ask a brief question as opposed to a long speech. >> my question is people were blamed for lack of personal responsibility, but the banks a
CSPAN
Feb 23, 2013 4:30pm EST
, patriotic smugglers during the colonial war during this time in this country there are existing economies between good and bad. it was alluded to a moment ago by pat in her comments a moment ago. it feigns dynamism. it reminds you that what is forgotten now may not always be so. the impermanence of what is forgotten. it is an antidote to naturalizing things. how things are, how they will be, and how they should be. how the book challenges us, well, we have many episodes of demonization and also what we might call dehumanization or purification. these are very telling because it sheds a light on who gets to define what is permitted and what is not. based on the power to define what is legal and what is not. in the book it talks about before the revolution and in the late 19th and early 20th century, we saw the purity crusader, his name was anthony. he was responsible for being against illicit images and condoms being illegal. this is all forms of contraception including commons are legal. including the issuance of condoms for u.s. soldiers and etc. i will deconstruct the incompletion voyeu
CSPAN
Feb 18, 2013 8:30am EST
economy? it was tobacco. these were all drugs. and the first time a lot of these drugs were introduced back to europe, um, people looked at them with revulsion, right? tobacco, it was a bizarre thing. why would you put fire and smoke into your mouth? coffee was thought to be a subversive thing, it was a death penalty offense in many states. for good reason, people would go to t.a.r.p.es, and the only -- taverns, and the only safe thing to drink was alcohol, but with coffee you had to boil the water which made it safe, but it also stimulated people. coffeehouses became revolutionary hotbeds. people started talking politics instead of just getting drunk every night. [laughter] so it was, you know, initially a death penalty offense in many states, and now we have turkish coffee, english tea time and, of course, the tobacco fortunes that drove a lot of u.s. and european development. and so long story short, the reason half the world got colonized in some ways is because of a bunch of old white men in europe couldn't get it up. so there you have sex, drugs and international relations in a n
CSPAN
Feb 22, 2013 7:00pm EST
including demographics were slow recovering economy that was just too great for any campaign can't to reverse the outcome? and if the latter, which should be crucial? >> is the one moment. one thing you would like to change if you could rebrand the campaign. [laughter] >> it's a really good question. i've had a lot of sleepless nights thinking about that. so can we just skip that? >> look, i don't think the campaign turns on one moment. you know, on one hand you can say i don't know any campaign that was two to one on television without some sort of scandal. we could've won the primary earlier, it would have greatly advantaged status. we were close to winning the primary earlier. though history will show that is very difficult to do, for candidates to do. other than not -- >> gives me the one. >> look, you've got to give the obama campaign a great deal of credit for increasing the turnout of women voters, young people, hispanic voters and even african-american voters. i didn't think would be able to surpass what obama was able to accomplish at the african-american electorate of 2
CSPAN
Feb 16, 2013 7:00am EST
to individuals as well as to the economy of permitting refinancing at this time? >> thank you for that question. the population of homeowners who today are under water on their mortgages is 20% of all homeowners who have not been able to refinance in a low-interest rate environment, a missed opportunity. to reach homeowners who are more benefit for a high-interest loan they may hold. we very much support any assistance to reach that population. we have a program that is reaching homeowners whose mortgages happen to be held guaranteed by the g s es, we have seen very good take up in the refinancing assistance for providing underwater loan holders in that population but another group of homeowners to not have mortgage held that the gsts that have not been able to take advantage of this. we think it will be good for homeowners and good for the mortgage market and the economy. >> senator coburn. >> i'm glad to be on this committee. i have one question and i will submit the rest of my question to the record. this is for mr. cordray. mentioned financial literacy that needs to be approved. i wonder if
CSPAN
Feb 23, 2013 7:00am EST
taken them 100 years and held the book economy to get to something as novel as an enhanced e-book and they are doing it. i don't know how it will work. tomorrow in baltimore i am teaching a seminar built around this short book. i taught it before at other schools and chapel hill, my alma mater commuting from baltimore. this time is different in two respects, it will be built around a shorter books that reading is on the other is too to not have a seminar in front of me and people on line from all over the country and even outside the country around the world auditing this class in a test for whether or not we can use the same technology that will create an enhanced e-book but use that technology to invite large numbers of students to take part in sending questions and questioning to what is and get to know each other or using the web. there are a lot of newfangled items going on about how this is presented as i am struggling to catch up with myself. they instructed me how to sweet and twitter and facebook and all these other things but a lot of things like the enhance e-book
CSPAN
Feb 17, 2013 12:00pm EST
that their explanations for how the economy working society worked made more sense than a half-baked philosophy i had to a so-called progressive. so i've been in that philosophy. it didn't work and in the real world was proved to be very. so that's how i got started on it. it's not so much economics taught me to become a better business person so much as they just gave me a worldview that made sense of a business is actually doing what i was doing us a business person. >> host: you come to capitalism and no now understand these ideas like exchange and profit and help society. what is conscious capitalism and how does it differ from many of us would call plain old wonderful capitalism? >> guest: first thing is we think business is great value, but it can be better. it has greater potential ben's been realized. when you understand the gallup poll that shows big business in the united states has an approval rating of 19%, 81% don't approve of business. even congress is at 17%, which is about the same level. you realize people have less confidence in business. a narrative about business and capitalism ha
CSPAN
Feb 18, 2013 2:00pm EST
in that regard and explaining how, in fact, health care is much like other sectors of the economy. david quillen up in new york outside of new york city and nassau county. his father was a psychiatrist. he went to harvard college and then got a masters at nyu. he then became an investment banker doing mortgage finance at morgan stanley lehman brothers where he had a front row seat to fannie and freddie, which is something we might hear more from him in the q&a. and he got involved in television and he is ceo of the game show network and came to policy writing relate in his life because of this tragedy that affected his life. eroded cover story in the atlantic magazine. and then turned that into a book, and it's an incredibly compelling book, which i encourage all of you to buy. there's copies outside the animals were instructed to say that the next season of the american bible challenge, the game show network highest rated show, is coming on in a few weeks. said the game show network and feel like we are not stealing its ceo from his ceo duties, and we're giving them a plug, too. so please join
CSPAN
Feb 18, 2013 8:30pm EST
these economies to diversify and wean them off coca eventually. it's counterintuitive but it's like the recession in the united states. as long as people are insecure and don't know what tomorrow is going to bring, they're going to hunker down and not take risks and invest and die veers file the economy. >> i want to congratulate or two speakers. i'm one who considers myself somebody who follows this issue closely and i have some insights i learn and i congratulate you for your very provac staff and effective presentations. i want to make two points in addition to that. that is, bolivia -- you mentioned the embassy. i suppose that by the americans, if they consumed coca to adjust to the altitude. other nonindigenous sectors in bow livearch student groups or truck drivers or taxi drivers who are big consumers of coca for a functional reason. you chew coca and lots of it more than a couple cups of coffee to study for an exam. truck drivers to stay alert on the road. so you have a lot of nice contributions to society from using coca from the middle class sectors as well. it struck me, too that pursu
CSPAN
Feb 20, 2013 7:30am EST
for the economy. also something i think senator blunt did not cover but i would like to, there's going to be over 100,000 very low income residents in rural america that will lose their rental assistance that enables them to stay in safe and affordable housing. these families are generally female-headed households, or they're households welledderly or disabled -- welledderly or disabled. so my first question is for you, mr. werfel, if possible. and that would be as these furloughs, etc., take effect, do you anticipate it'll happen on day one, and it just happens in every agency and every department across the board, or will out be phased in -- will it be phased in over time? >> well, there's legal requirements for notice that i think deputy secretary carter mentioned. we have, what we'll see is agencies will start doing a couple of key things. first, furloughing is something that is subject to bargaining. so work is ongoing and will intensify as we approach sequester with union representation to make sure that the manner in which the furloughs are implemented are fair and equitable and etc., so t
CSPAN
Feb 21, 2013 9:00am EST
leading the country in stressing graduation over enrollment. it is going to strengthen the economy of the state of ohio. [applause] >> we got to integrate business with academics. who i mean, this is a big challenge, and it's a big challenge worldwide. some countries get better than others. germany does a pretty good job at this. america's floundered on this. you see, if we can bring our business community, our job creators into k-12 and a two-year and four-year schools and help to design the curriculum and help to give people a view of what it means to work in those different entities, we're going to turn kids on for education. and it's all this business of job training, and all of you in the general assembly, you get it. i appreciate and thank you for your attention. i understand the first dose of the ohio senate are on job training. and we'll going to work on this day and night until we fully integrated. we are making great progress, we have a way to go. and it involves changing the culture of our state, changing the culture of academia and convincing businesses that working wit
CSPAN
Feb 20, 2013 12:00pm EST
industries and economies, the world's largest trade mostly predictable ally and always dependable friend. but some major changes on the horizon could present new challenges for the relationship. let's begin with energy. right now nearly all of canada's oil and gas exports are to the united states. that represents about 10% of u.s. energy needs. but that's about to change. neutrally technologies have unlocked new supplies of crude oil and natural gas from previously unreachable reservoirs across the u.s.. >> after years of talking about, we are finally poised to control our own energy future to disconnect some experts predict the united states will be energy independent by the year 2035. how will that affect canada's 40 billion-dollar oil bench and what will energy independence and for u.s. foreign policy? and what does it mean for pipelines? the canadian government is anxiously awaiting a decision from the white house on the proposed keystone xl pipeline. it would carry out the oil sands nearly 2,000 miles to refineries on the u.s. gulf coast. the secretary of state john kerry who has lo
CSPAN
Feb 21, 2013 5:00pm EST
is another prime example of how this policy can advance growth in the overall economy. when the fcc first allocated unlicensed spectrum, it is primarily used for baby monitors and garage door openers. then wifi hit the scene and demand has been off the charts. in 2005, tens of millions of wi-fi devices were sold and in 2011, at least 150 million of those devices were sold in the u.s. unlicensed wi-fi is now an integral part of the way mobile carriers deliver their services. the consumer federation of america found that wi-fi also allowed wireless carriers to save more than $25 billion per year in deployment costs. according to some, the annual contribution of the wireless sector to our nations economy is estimated to be more than $50 billion per year. it has increased so dramatically that we need more spectrum to support these services. the 2.4 gigahertz band, my critical success and other technologies is increasingly congested, particularly in major cities, densely populated centers are the most expensive geographic areas to deploy it licensed networks. therefore, i commend the staff are
CSPAN
Feb 21, 2013 6:00am EST
and gas domestically which was a clear message is not against the carbon economy per se. he has to deliver something. >> on that we will have to have our closing statements. we apologize to jump been waiting at the microphone we didn't get to you. a couple minutes. tall, do you want to start? >> sure. a decision on keystone on any large issue made on practical and tactical grounds but also, we seen the play of symbolism. daniel is very good that same keystone represent the equivalent of 6 million new cars on american highways, an army of new cars engaging america. and the ambassador was very diligent about saying this is an excellent chance to reach and a 6 million cars and take the venezuelan out and put good oil win. and so that is the symbolic background against president obama has a decision to make. coming from ottawa as a good, i often am reminded, i often say to candidates, it's the chicken come home to roost. stephen harper has spent his entire career as prime minister beating environmentalists. he ran against an environment was in 2008. he made up a carbon tax and 2011 so he could
CSPAN
Feb 22, 2013 10:00pm EST
to be a great and optimistic sense and serious prh an economy that has been stripped of its industrial base and facing international competition. we have environmental problems, just as problems, all of these things in the bond that we can create. that is the essence of patriotism they were figuring out ways to set in motion these freedoms that strengthen everyone and increase the economy and the ties that bind and a convert to be able to sit here tonight. we need to be able to do it again, and in order to do that, we have to have a better sense. because our history is not just about where we sat in the steel. our history is about our future and what tools we will use to build strength across the alliance. it is not often that we misremember these relations that are involved. i think we should be ashamed of doing it on the left and right. a lot in the civil rights movement turned against their own example. that includes people in the civil rights movement, the most powerful idea was the first one that was abandoned. there were a lot of other religions as well. the law turned against religio
CSPAN
Feb 16, 2013 8:00am EST
a hundred years in a healthy book economy to get around to something as novel as an enhanced e-book, and now they are doing it. i don't know how it will work. tomorrow, in baltimore, i'm teaching a seminar built around the short book. i taught it before at other schools, at chapel hill last spring communitying from baltimore. this time it's different in two respects. it's built around the shorter books with readings from the other books too with a seminar in front of me, and i'll have people online from all over the country, and even outside the country around the world auditing this class in the check for whether or not we can use the same technology that will create an enhanced e-book, but use that technology to invite large numbers of of students -- numbers of students to use the web. there's a lot of newfangled items going on about how this is presented that i am struggling to catch up with myself. i now -- they instructed me how to tweet and twitter and facebook and all the other things, but like the enhanced e-book, i can't do because i don't have an ipad, but i believe in the possibil
CSPAN
Feb 16, 2013 9:15am EST
't pay attention to the fact the economy blows. economy is horrible. everybody knows the economy is horrible and the economy has not begun to recover any time since the let's talk about condos, let's talk about essentially how the left ran the campaign. we can not be sidetracked by that. we are always playing defense because you're a bad person and natural human instinct is someone says you are a bad person the natural human instinct is to say no i am not. i am not a bad person. why are you saying that? i am not a racist. how can you call me -- no evidence for that. the first instinct needs to be go on the offensive. they are the real racists for defacing the term racism to apply for things that clearly and definitely not racist. if you call something a basic economic policy anti-semitic, had nothing to do with jews, that is an anti-semitic move because your watering down anti-semitism to apply to thing that did not apply. when they're calling people racist without any basis is like a boy who cried wolf. what they're doing is making room for real raise this to be one into the cat
CSPAN
Feb 15, 2013 8:00pm EST
might help grow the economy. the government's interest is to provide domestic security, and, we, as representatives are charged with safeguarding the public's interest and protecting civil liberties. developing and effective regulatory frame work could be the process, but this hearing is one step towards ensuring this is happening in a timely and effective manner. it is our responsibility, and we don't take it lightly, to ensure the need for oversight and have proper procedures created and federal agencies meet the timelines to address the rapid emergence of the uas systems in our national air space. that's why, i again, compliment the chairman. thank you for the leadership in calling the hearing today. i want to thank the witnesses, and i look forward to your testimony. thank you very much, mr. chairman. >> mr. maffet, thank you so much. i look forward to working with you as we go forward in the congress, and from your statements, i can tell you and i will be close colleagues protecting civil liberties and privacy issues because those issues are extremely pont to me and -- impo
CSPAN
Feb 15, 2013 11:00pm EST
important issues. private sector issues might help her out the economy. the government centrist with representatives are protecting civil liberties, developing a regulatory framework could be in our process, but this hearing is one step towards ensuring this is pat in a timely and effective manner. it is our responsibility to recognize the need for oversight to ensure proper steps are taken and federal agencies are meeting the critical timeline to address rapid emergence of these uas systems that are airspace and that's why went to compliment the chairman. thank you for your leadership. i want to thank witnesses look forward to your testimony. thank you ramage, mr. chairman. >> mr. maffei, i can tell you and i are going to be close colleagues protect the civil liberties and privacy issues because those are extremely important to me and have been for a long time, since i've been here before i came here. have they to introduce her witnesses. our first witness is director of joint planning and development at the federal aviation administration. the next witness is dr. edgar waggone
CSPAN
Feb 21, 2013 11:00pm EST
drought that affected the agriculture tastier. despite the drought committee act economy is very strong. our main come two weeks ago in near record highs in nominal terms for 2012 over 2013 projected net cash income close to record highs. exports are a record as we are going to find out and i think the financial situation is quite solid. low debt asset ratio and assets at record highs. however, the aggregate measures have sharp differences between sectors. producers say think have fared pretty well, those with high prices to record crop insurance indemnities which have helped offset the losses we saw this year. if you're an uninsured farmer or underinsured farmer, very think the crop loss are probably hitting those producers a little more than certainly those that have insurance. and if your poultry producer, this is the third year since 2007, where recent record high prices with the effects that had some higher feet past, type martian and particularly on the catalyst five, some liquidation. the outlook for 2013 in a nutshell they were expecting a rebound in yields. we should see record
CSPAN
Feb 20, 2013 5:00pm EST
economies rather than engaging in some other terrorist or some other type of extremist activity. for the first time in human history, young people are around the world act as a global covert including many of the people in this room who are more open-minded and more proficient in the technology that keeps them connected in a way that no generation in history has ever been before. we need to help all of them and us to use this remarkable network and a positive way. some may say not now, not while we have our budget. well believe me, my friends, these challenges will not get easier with time. there is no pause button on the future. we cannot choose when we would like to stop and restart our global responsibility or simply wait until the calendar says it's more convenient. it's not easy. but responding is the american thing to do. and i will tell you it's worth it. our relatively small investment in these programs which advance peace, security and stability around the world which help american companies compete abroad which create jobs here at home by opening new markets to america
CSPAN
Feb 16, 2013 7:00pm EST
theory where the assumption is that if you reduce tax cuts it will stimulate the economy so much that it will actually come close to, if not actually increase federal revenue. but when we heard that it made no sense. now, here is where it really gets, i think, in some ways, even worse. i have to say, mitch mcconnell does provide me with a lot of material. [laughter] in 2010 the two big tax cuts were all won in 03. in 2010 at a time when, you know, it was pretty clear that that first decade would yield the revenue reductions on the scales somewhere between two and $3 trillion over the first ten years, mitch mcconnell, july 2010, he confirmed the next day that what senator john kyl had set a few days earlier was accurate. he said, there is no evidence whatsoever that the bush tax cuts actually diminish revenue. the increased revenue because of the vibrancy of the tax cuts and the economy. i think what the senator was expressing was the view of virtually every republican on that subject. and i was, this is no kind word that you can say in response to that. they're making this up. th
CSPAN
Feb 17, 2013 3:30pm EST
the economy so much that it will actually come close to, if not actually increase, federal revenues. but when we heard that, it made no sense. now, here's where it really gets -- i think in some ways even worse. i'm going to find -- i have to say, mitch mcconnell does provide me with a lot of material. [laughter] >> in 2010, the two big tax cuts were '01 and '03. in 2010, mitch -- at a time when it was pretty clear that the first decade would yield revenue reductions on the scale of somewhere between 2 and $3 trillion over the first ten years. mitch mcconnell said to the press, july 2010, he confirmed the next day that what john -- senator john kyl said a few days earlier was accurate. mcconnell said there's no evidence whatsoever that the bush tax cuts actually dim minimum issued revenue. they increased revenue because of the vibe bran si of the tax cuts and the economy. so i think what senator kyl was expressing was the view of virtually every republican on that subject. and i would say, as they say here, this is no kind word for -- you can say in response to this. they're making this up. t
CSPAN
Feb 16, 2013 10:15am EST
by one. number one, chapter one. earth inc, a new interconnected, global economy that operates as if it is a single entity. we've been seeing the outsourcing of jobs, and we've been seeing the connection of the supply side, and now we have virtual factories with supply lines running to hundreds of countries and almost every business has to see its competitive landscape in the global dimension. earth inc.has a different relationship to national government and national economic policies now, a different relationship to labor and capital and natural resources, the three classic factors of production. look, for example, one of the changes that illustrates this new really of effort inc. , and normally after a recession when we get a recovery and growth resumes, the jobs come back, and that's the way it's always been, but in the last couple of recessions, it had not happened that way because we now have this gloanl reality, and -- global reality, and some businesses that lay people off in the recession, they are not hiring them back the way they used to. some of them, yes, but we now
CSPAN
Feb 22, 2013 9:00pm EST
economies of black communities, the northern ghetto, so to speak should be run by blacks instead of absentee white owners. he believes community control of schools. so yes, he believes in black autonomy. he's not an integrationist as such and he said it's up to us, it is our struggle. >> taylor branch, author of the multivolume, "america in the king years" presents his thoughts on key moments in the civil rights movement. this is about an hour and 15 minutes. >> thank you, mr. hill. i've been here before. i'm glad to be back and now glad to be back talking about something that has been a subject dear to me for my whole life and is inescapable now that i'm getting older, that it is my life's work and i am glad for it. this is another round. i'm going to take more questions tonight. going to say provocative things about what i think this history is significant and about this project itself, which is a little odd to spend 24 years writing a 2300 page trilogy and commodity years later with 190 page book. a lot of people who have read some of the other ones think it's probably not true, that i'm
CSPAN
Feb 22, 2013 11:00pm EST
without rules to build our economy up and now that we have gotten to the top we are trying to hamstring them or trying to tie them up with a nod of rules and regulations to hold china down. .. >> next, and anarchy recorded at university of pennsylvania and philadelphia, transport shares stories about her experiences on the united dates commission on civil rights set up by president eisenhower in 1957. this is about half an hour. >> host: well, on your screen now on booktv is a well-known face for c-span viewers, that is =tranfour, professor at university of pennsylvania and also via her of several books. read the university of pennsylvania to talk to her about this book, "and justice for all: the united states commission on civil rights and the continuing struggle for freedom in america" mary frances berry, when did the u.s. civil rights commission began? >> guest: the civil rightscivils commission began in 1957.. president eisenhower had a lot f discussions with john fostere dulles, secretary of state about the way the united states was ws seen around the world because of the racism go
CSPAN
Feb 22, 2013 8:00pm EST
drive to try to get ahead. it's a moving economy in this relentless drive to get ahead and get better and to improve. they see some of the strictures that we put on than in terms of trade and in terms of use agreement. they see that from their perspective is we are trying to hold china down. we basically have been operating without rules to build our economy up and now that we have gotten to the top we are trying to hamstring them or trying to tie them up with a nod of rules and regulations to hold china down. ..
CSPAN
Feb 17, 2013 10:00pm EST
years. view did not grow the government or the economy at all, a white reporter self in that position? so the federal reserve has increased the balance sheet trading to a trillion dollars of funny money and ultimately the pain of that will fall on the middle-class and the very pork but it will defeat of both parties said they want yet we don't have the courage to day to make the tough tauruses even if we lose our seat to secure the future we put ourselves first visit of the country and the american citizen if they read the black-and-white there common-sense ways to save money. just this week the air force announced we will spend 64 to million dollars of 90 projects. the gao says the least half of that will be wasted. it will never get completed or do what it is supposed to do. back-to-back we had a program cancelled as. because it will never work. this is out inefficient government was they finally cancel that we spend another $100 million, they paid a settlement be to cancel a vaguely dollars the the person responsible did not get fired and not held accountable and the company that d
CSPAN
Feb 19, 2013 12:00pm EST
of gazprom economy in fueling so much corruption. so russia has a very different game to play here. we would like to see russia play a helpful role, in like providing the ssn-6 missile technology which seems to be the basis for the next missile launch we may see out of north korea. so there's no doubt that the globalization, the rising power or trying to keep power in the case of russia is effecting the leadership, decision-making how they think about north korea. let me bring this back to one point with china and the united states relationship. i don't think that china is going to cooperate with north korea just for the sake of north korea issues. that is to say, if they see the united states going in a different direction as jacques suggested rebalancing and supporting japan to be more assert tiff, they may decide, we're not going to cooperate in that with the united states because that is not in our chinese interests. what we're trying to do is convince the chinese we're not against a rising china. we want to see a growing middle class in china. we want to see a prosperous and more free c
CSPAN
Feb 20, 2013 7:00am EST
this is important but also new york, california and other places. international travel is a driver of our economy, bringing jobs to america. if we can up with the right number of customs, for customs and tsa and moving people through the lines, that is going to have a terrible impact on our ability to create jobs, good paying jobs for hospitality, international trade. i'm going to leave the question their and ask you to answer it in writing, how states like louisiana, new york, california and others will be affected at that turn. >> i can do that with decision. >> thank you. >> i'm going to now turn to senator boozman, but before do, a couple of -- excuse me -- administrative things. questions are coming up about the 2014 appropriations. i just want to say this about our committee that i discussed with senator shelby. we want to do with sequester. we also want to deal with the issues of the c.r. versus omnibus. we don't want a government shutdown. we are looking, we are working with our house counterparts on this. so we don't want that either. also, when the president budget, i'm asking my subcom
CSPAN
Feb 23, 2013 10:00am EST
of a real economy. and they're one of the things most misunderstood in health care, and it's a little wonky, but these things actually drive the way human beings receive service. one of the things we assume is that -- the question is how do we pay for health care? one of the arguments i'm making today is the how we pay drives the type of care we're getting. >> you can watch this and other programs online at booktv.org. >> here are some of the latest head ryanlines -- headlines surrounding the publishing industry the past week. a class action lawsuit has been filed against amazon and six other publishers, simon & schuster, random house, penguin, mcmillan and harpercollins. the booksellers filing the suit, fiction addiction of greenville, south carolina, bookhouse in albany, new york, and pozen books in the new york city, all claim that amazon and the major publishers have formed confidential agreements to monopolize print and e-book sales. the the suit will concentrate on digital rights management with independent bookstores urging the court to prohibit amazon from selling e-books that are l
CSPAN
Feb 19, 2013 9:00am EST
things that are growing faster than the economy. that's stupid, stupid stupid. >> and yet sounds like you think when the sequester kicks in, that may be a window to do something big. tell us what's going to happen march 1 when the sequester cuts taking and why you think that might be a chance to do something big. >> when you guys go here to reagan airport and wait in line for three hours to get through security, you're going to be test. and so is everybody else. and you can use lots of different stories just like that. and when that happens to come back to congress and say, we are sick of this, let's get together, let's do something smart, let's put the partisanship aside, let's go together and let's fix this de debt. >> senator simpson, many people in this room have seen online the video of you gangnam style, a little harlem shake for us? pay for it? >> i didn't hear the last -- >> a little harlem shake for us? >> these young people, you've got to admire them. they handed me the script and it said stop instagram your breakfast. i said what the hell is that? and then it said and stop twee
CSPAN
Feb 15, 2013 7:00pm EST
nation's plans in the extraordinary condition that they are in. swallow the economy of pitcher heart and soul into family operations. it is the epitome of american entrepreneurial spirit, american enterprise what you do. search all of audio, thank you. to mr. sun, i am a proud hoosier, but i will tell you our area is inundated with your products every year. i just want to let you know that as well. thank you. >> great. senator baucus. >> thank you, not in chairwomen. a couple things. on senator donnelly's point, it's always struck me how farmers and ranchers have better if of life because they know they can't control their fate as much his son and they can erroneously. you can't control the weather, you can't control the price with costs. we can't take what she got because you got to manage it as well as you possibly can and it's very, very difficult and it's kind of humbling. gives a sense of life and gives a sense of life and importance. i think a lot of people in the city could a little arrogant to think they can control anything and they obviously can't. i don't know if you saw i
CSPAN
Feb 18, 2013 9:45am EST
as the economy was recovering? all the way back to the french and indian war. a very young george washington was writing very romantic letters to a woman who was not mrs. washington. her name was sally fairfax, a very attractive, older, sophisticated neighbor. what if washington's letters had become public during the french and indian war or the revolutionary war? much as petraeus' e-mails became public? and what if we got rid of george washington? so bill clinton's not the first and not the worst. petraeus is not the first and not the worst. been there, done that, there's a long history of it. in fact, it pains me to say that even abraham lincoln -- [laughter] visited a prostitute. i know. say it isn't so, right? but it happened. now, the details on it are sketchy. there's not a lot of letters written about this. but here's what we can piece together. lincoln's best friend was joshua speed, and speed was perhaps as dashing and as happened handsome and as, quote-unquote, lucky with the ladies as lincoln was allegedly homely and awkward and unlucky in romance. and speed felt sorry for lincoln
CSPAN
Feb 22, 2013 12:00pm EST
to the economy,t but people are going to start getting letters and saying thats furloughs, and start seeing less money in their medicare payments coming to doctors and that sortm of thing so these real-world consequences hit and will be interesting and likely would drives the deal who the political pressure is. >> host: if you could walk us throughho the next six to seven days, condra is returning after the president's day recess as you indicated the president is,h noo ggling to norfolk virginia, which is of course an area heavh with pentagon contracts and military construction and the navy shipyard. what are you looking for? >> guest: the most interesting thing will be the votes in the e senate.d senate. i think it somehow democrats arf able to get the compromise bill, through that would offset the equation and would be very muchd thatpected. but that's maybe our one chance for the sequestered at this point. more likely it will be a vote where democrats put a plan forward and can garner enough support on the republican plan forward and also doesn't pass for the democratically controlled senate.
CSPAN
Feb 18, 2013 7:00pm EST
. for the benefit of the economy. >> host: what is the science behind the 4-g? >> guest: i'm not sure i could answer that in layman's terms. i should probably get some engineering personnel there. it is something called ofdm that makes a much more use of efficiency. i'm sure they could tell you how it works. >> host: verizon, what is the current status between verizon and the others? >> guest: the second portion of that deal closed last summer. we are expecting it sometime this year, that it will be, you know, this year maybe next year -- we will be watching for it. [talking over each other] >> host: will it be online? >> guest: yes, it will be. we purchase that kirk -- per capacity. it is more and more of a crunch and we can see it online and serve the needs of our customers. >> host: you sent out a tweet about how verizon could use the spectrum more efficiently. did you get some feedback, with some of it negative and what is your response? >> guest: well, it has been interesting. you have to take everything with a little bit of a grain of salt. what happened is t-mobile, we actually sold some spec
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